Elevance Health Inc. (ELV) Tops Q3 EPS by 37c, Beats on Revenue

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Elevance Health Reports Third Quarter 2022 Results, Raises Full Year Outlook

October 19, 2022 6:00 AM EDT

Third quarter GAAP net income was $6.68 per share, including net negative adjustment items of $0.85 per share. Adjusted net income was $7.53* per share. Operating revenue grew 11.5% over the prior year quarter to $39.6 billion. Operating gain grew 10.2% over the prior year quarter to $2.3 billion. Medical enrollment increased 2.2 million members year-over-year and 232 thousand members during the quarter to 47.3 million members. Fourth quarter 2022 dividend of $1.28 per share declared to shareholders.

INDIANAPOLIS--(BUSINESS WIRE)-- Elevance Health, Inc. (NYSE: ELV) reported third quarter 2022 results reflecting strong financial... More